10 things you need to know in markets today

Protesters demonstrate outside of Goldman Sachs headquarters after the company purchased Venezuelan bonds in New York, U.S., May 30, 2017.REUTERS/Lucas JacksonGood morning! Here's what you need to know in markets on Wednesday.

2. The pound dropped against the dollar and the euro when the Times report was released late on Tuesday night and the currency is still lower. Sterling is down 0.52% against the dollar to $1.2791 at the time of writing (6.40 a.m. BST/1.40 a.m. ET) and down 0.35% against the euro to €1.1455.

7. European Union inflation and unemployment figures are coming. Preliminary estimates for annual inflation in April will be released by Eurostat at 10.00 a.m. BST (5.00 a.m. ET). Economists expect annual price growth of 1.5%. Unemployment figures for April will be delivered at the same time, with analysts forecasting a slight drop to 9.4%, from 9.5% in March.